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Showing 51 - 60 of 100+ results for "Financial Adviser Register"

Almost 2000 advisers gone so far in 2020

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
... 2000 financial advisers leave the industry amid a time of flux for the sector. In January, the ASIC Financial Adviser Register showed 23,682 active advisers, but now the register shows 21,913 advisers. That's a difference of 1769 advisers - and the ...

AFA, FPA share bleak view of industry

ELIZABETH MCARTHUR  |  TUESDAY, 30 JUN 2020
... financial advice industry. AFA general manager, policy and professionalism Phil Anderson said that the ASIC Financial Adviser Register had dropped by 6000 advisers in the last 18 months. Liberal MP Craig Kelly brought up the drop in financial adviser ...

FASEA extension passes

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... the FASEA exam by the end of this year to remain practicing. Only about half the advisers on the ASIC Financial Adviser Register have sat the exam so far. The Stockbrokers and Financial Advisers Association chief executive Judith Fox welcomed the news. ...

Dealer groups slam FPA policy

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... envisions a world where financial advisers are registered to a separate body (distinguished from the ASIC Financial Adviser Register) which monitors their compliance while AFSLs maintain oversight of product. Fortnum managing director Neil Younger, Centrepoint ...

FASEA unclear why advisers are quitting

ELIZABETH MCARTHUR  |  MONDAY, 25 MAY 2020
... look into why financial advisers are exiting the industry in droves. Rainmaker analysis of the ASIC Financial Adviser Register indicates that the register has dropped by 1488 advisers since the start of 2020. With just 53 new entrants to the industry ...

Count Financial makes growth-focused hire

ALLY SELBY  |  FRIDAY, 22 MAY 2020
... standards. It also comes as Rainmaker analysis reveals nearly 1500 advisers have dropped off the ASIC Financial Adviser Register since the beginning of the year.

916 advisers gone in three months, ASIC responds

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... COVID-19 could amplify the issue, as it is revealed almost 1000 left since the pandemic hit. The ASIC Financial Adviser Register has dropped by 1488 advisers since the start of this year, according to Rainmaker analysis. Since COVID-19 hit, in less than ...

Client drags advice firm, advisers to court

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
... shuttering, Spectrum Wealth is still listed as the firm's licensee on its website, however the ASIC Financial Adviser Register shows Robert Patterson as a representative of Life Plan FP. Giam claims the duo won her trust by posing as her friends ...

500 advisers exit during COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
Rainmaker analysis of the ASIC Financial Adviser Register shows that just shy of 500 financial advisers have left the industry in the last two months. From 27 February 2020 to 23 April 2020 the ASIC FAR dropped from 23,226 advisers (excluding time share ...

Latest adviser exam results in

JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
... advisers sat the exam in mid-February and 82% passed. More than 30% of the advisers listed on ASIC's Financial Adviser Register have now sat the exam with about 27% of them passing. FASEA chief executive Stephen Glenfield said the body is pleased ...